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"A welcome demonstration that grounded academic work can be entertaining as well as informative"

Monday 20th June 2016

iKurtis Garbutt / Flickr (CC BY 2.0)

Fed Power: How Finance Wins, the recent book by Desmond King and Lawrence Jacobs, has been reviewed in the Financial Times, as part of an article on the sucesses and failures of the US central bank.

The article cites Fed Power as "a welcome demonstration that grounded academic work can be entertaining as well as informative", and describe it as "a book that is engaging throughout and generally persuasive in its principal thesis that the Fed is a politically loaded institution that drives rising inequality".